Share Schemes HMRC Online Returns

The deadline for registering new and existing share plans and for completing annual online returns is 6 July 2015, which is nearly upon us.

To register your share plans you must register to use the ERS online service: For more details about ERS, read our related Factsheet.

Register now if you haven’t already, as there are penalties for late filings and incorrect returns, as well as the risk of losing the tax-advantaged status of an existing plan if it is not registered in time. If you do not register your existing plans, any tax advantages may be lost, even if the plan is already ‘approved’ under the old HMRC process.